The North Caroliniana Society

Nonprofit profile at a glance

EIN
561119848
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Raleigh, NC, USA
Phone
9192301524
Rating
91
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$349,896
Expenses
$277,874
Assets
$6,273,364
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

18 people listed

Executive titles in this filing

  • BLAND SIMPSON (PRESIDENT)

Highest reported compensation

  • COPIE CAIN (EXECUTIVE DI): $54,247 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote interest in, knowledge of, and appreciation for North Carolina history and culture through historical preservation, library service, and perpetuation of state literary and cultural heritage.

What it reported doing in 2024

History day - 18,000 grant: North Carolina history day, an affiliate of the national history day program, is a yearlong academic program that engages students in grades 6 through 12 with the discovery of history. Students choose historical topics related to an annual theme, conduct extensive primary and secondary research, analyze, and interpret their sources, draw conclusions about their topics' significance in history, and present their work in one of five categories - historical papers, websites, exhibits, performances, or documentaries. Students first compete in one of the seven regional contests across the state. Regional finalists are then invited to attend the state contest. The top two finalists in each category and division are then selected to represent n.c. At the national contest. With guidance from staff and judges, students can improve their projects at each stage of the competition and continue to research and learn. The society began support of national history day in North Carolina in 1998 when it became the first organization to sponsor special prizes. That support has grown into annual sponsorship of the program, and a contribution of 18,000 was awarded to the federation of n.c. Historical societies as part of continued commitment to provide support to North Carolina students and teachers. In addition to this funding, the society president and other members work as judges, presenters and consultants. Historical review - 14,000 grant: since 1924 the North Carolina historical review, published quarterly, has been a definitive source for the study and understanding of North Carolina history. Regular features include carefully researched, handsomely illustrated articles that explore North Carolina and southern history from the colonial period to the present and cover a variety of subjects; reviews of books about state, regional, and national history; an annual bibliography of books pertaining to North Carolina subjects; an annual index; and a listing, printed annually, of theses and dissertations related to North Carolina subjects. The society continued its support of the North Carolina historical review, contributing 14,000 to the n.c. Department of natural & cultural resources to publish the review. Nc collection online exhibits project - 17,680 grant: the North Carolina collection is dedicated to preserving literary, visual, and artifactual materials illustrating four centuries of the colony and state of North Carolina. The collection comprises three divisions: the research library, North Carolina collection gallery, and photographic archives. The North Carolina collection, located in historic wilson special collections library on the campus of the university of North Carolina at chapel hill, traces its origins to the founding of the North Carolina historical society in 1844. The North Carolina collection gallery is an exhibition facility and program with more than 50,000 objects in its care. The gallery, a component of the North Carolina collection, provides an immersive experience of North Carolina's history and culture through historic rooms, changing exhibitions, and permanent displays. With this grant, the nc collection will continue employment of a curatorial specialist to create online exhibits promoting North Carolina history and culture to web users around the world, and an online database of North Carolina collection gallery objects. The North Carolina collection will continue to share its rich collection of such materials as books, postcards, newspapers, photographs, and three-dimensional objects via online exhibits and online database of objects. The society continued its support of the North Carolina collection, contributing 17,680 to the university libraries at the university of North Carolina at chapel hill for their ongoing online exhibits project. Nc collection teaching fellows - 34,896 grant: the North Carolina digital heritage center (ncdhc) has digitized books, documents, objects, and othe

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 77% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 94
  • Accountability: 90
  • Sustainability: 75
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 81.1%; rating input score 81
  • Fundraising efficiency: $26.78 raised per $1 spent on fundraising; rating input score 64; 64th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 99.7%; rating input score 100; 60th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 20.6%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 22.58; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 19.5%; rating input score 20; 20th percentile among comparable filings

Growth

  • Program expense growth: 2.3% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 36th percentile among comparable filings
  • Asset growth: 8.3% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 81.1% of spending went to programs
  • Governance: 18 of 18 board members independent · 6 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $225K in reported program spending
  • Leadership: top reported pay $54K · 18 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Sustainability: Officer compensation ratio scored 20/100.